Four Flags For Fraudulent Business Offers
If you want to save a lot of time and money in your search for a letgitimate online business, learn to identify the fradulent offers. There are many great offers that you will find online, but how do...
If you want to save a lot of time and money in your search for a letgitimate online business, learn to identify the fradulent offers. There are many great offers that you will find online, but how do you know which is good and which is not? Knowing what to spot may help you save time and money in the end.
With most fraudulent offers for in internet business there are four red flags that need to be thoroughly investigated before signing up to work for the website. Realize that companies that make these claims are not all out to commit fraud, however these are four flags that many unscrupulous businesses may have in common:
1. Large upfront investment
2. The chance to make big money with little work
3. Do not clearly state what you will be selling
4. Lack of available contact information
While it is not uncommon for business to want a fee to become a representative for their business, you have to consider the amount demanded from you before you can start selling their product or service. You should also have a clear picture of what you will get in return for your investment. It is common for the term training to be listed, but many times the training consists of links to other sites where you are expected to learn about the company's business model.
The training may also focus on how to recruit others into the business, offering to pay a "bounty" for bringing in new people. Companies that focus more on making money bringing in the most number of people rather than selling the product and making profit may be borderline illegal.
Anyone who has ever been involved in a business knows it takes work. One common trick is promising the potential business owner that you will make tons of cash without doing a lot of work...or even a week. The free lunch does not exsist, so don't let others try to convince you that it does. That disclaimer about income may not a representative of the potential earnings, should beg the question about why even bother to list it.
If you have been reading an online based business opportunity for several minutes and have no idea about the product or service you are being asked to sell, it could be an indication of a scam. Some companies don't tell you what the product or service is until it's too late, after you realize you can't sell it without feeling guilty that you did. Do your homework by finding out what the product is, and what you'll need to spend to get it before moving forward with the offer.
Look for contact information. If the only means of contacting the company is through an email address, it could be they don't plan to be around long enough to answer any questions or complaints. Money back guarantees are also only about as good as the contact information. Email addresses and post office boxes are not good contacts.
Article Tags: Four Flags
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